Thursday, June 30, 2022
HomeLifestyleHouse prices more than double near Elizabeth Line stations - buyer demand...

House prices more than double near Elizabeth Line stations – buyer demand spots unveiled

Southall has seen the biggest increase in the number of tenants contacting letting agents compared to 10 years ago.

Enquiries have more than quadrupled (+372 percent) in the past 10 years.

Asking rents near Southall station are lower than nearby Hanwell or Ealing.

Custom House, one of the new stations built for the Elizabeth Line and that has lower travel times into Central London, has seen competition increase by a staggering 33 times (+3270 percent) compared to 10 years ago.

Tim Bannister, Rightmove’s director of property science, said working from home and more affordable asking prices and rents further out of London will be more “attractive” to new buyers and tenants.

He said: “As the Elizabeth Line opens, it does so with a backdrop of record rents in London, a rising cost of living and a shortage of available homes.



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